Legislation
- Title
- Income Tax Subtraction Modification – Military and Public Safety Retirement Income
- Sponsored by
- Delegate Washington
- Status
- In the House - Hearing 2/18 at 1:30 p.m.
- Analysis
- Fiscal and Policy Note
Synopsis
Increasing to $20,000 the amount of a subtraction modification under the Maryland income tax for certain military retirement income for individuals who are at least 55 years old; increasing to $10,000 the amount of a subtraction modification under the Maryland income tax for certain retirement income attributable to a resident's employment as a correctional officer, a law enforcement officer, or a fire, rescue, or emergency services personnel; etc.
Committees
- Original:
- Ways and Means Click to view Recorded Media
Committee Testimony
Details
Cross-filed with: SB0370
Bill File Type: Regular
Effective Date(s): July 1, 2021, July 1, 2022, July 1, 2023
History
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File Code
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Subjects
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Statutes
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(
10-207, 10-209 )
Last Updated: 4/1/2021 5:18 PM